Polymath (POLY) is a Decentralised Networks crypto token. Polymath was founded on 2018-02-02 on the ETHEREUM ecosystem. More information can be found at https://www.polymath.network/.
Key Technical Advantages:
POLY to POLYX Upgrade Bridge: Polymesh Testnet introduces the transition from POLY tokens to POLYX tokens. POLYX is the protocol token of the Polymesh blockchain, used for network processing fees, protocol fees for using network modules, and block rewards. An upgrade bridge is provided to facilitate this transition.
Identity Verification: Polymesh incorporates an identity verification process. This is an essential feature for a security token platform, ensuring compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
Polymesh Dashboard: This is a central hub for managing everything related to your Polymesh Account, including keys, accounts, and assets. This makes managing one's interactions with the blockchain more streamlined.
Token Studio on Polymesh: The Polymesh Testnet includes a Token Studio which allows users to create security tokens, manage the compliance of their tokens, and distribute freshly minted tokens to their investors. This feature is meant to simplify the process of issuing security tokens.
Polymesh Governance: The Polymesh Testnet includes a governance structure for managing changes proposed by POLYX holders and protecting against contentious forks. This involves submitting Polymesh Improvement Proposals and observing how on-chain governance is implemented.
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